ETH 1680 still hasn’t held. The rebound many people were expecting will have to be put off for now. This is also the zone where multiple stop-and-rebound attempts have occurred since June.

Once support is broken, its role changes.

The original support often turns into new resistance.

Judging from the current trend, the bears still remain in control, and for now there are no clear strengthening signals in the daily structure.

Next, closely watch the fight around 1650.

If it can hold and then regain and stand back above 1680, there’s a chance of a short-term recovery rebound. But if 1650 continues to be lost, the 1600 level below will become the next target the market watches.

Many people like to guess the bottom during a decline, but until the trend changes, any rebound needs to be approached with caution.

The market always rewards those who follow the trend—not those trying to catch the bottom.

At this stage, I’m still more focused on how the resistance levels perform rather than being blindly optimistic.